QUESTIONS AND ANSWERS FULL
SOLUTION GRADED A+
●● A brokerage contract is legally a.
Answer: Mandate
●● A mandate creates obligations for.
Answer: Both mandator and mandatary
●● Broker owes duty of loyalty to.
Answer: Client
●● Broker owes duty of integrity.
Answer: Yes
●● Broker must act with.
Answer: Objectivity and competence
●● Broker must verify.
Answer: Material facts
, ●● Broker must disclose.
Answer: Conflicts of interest
●● Broker must present.
Answer: All offers objectively
●● Broker cannot misrepresent.
Answer: Property facts
●● Broker must protect.
Answer: Client's interests
●● Civil Code requires parties to act in.
Answer: Good faith
●● Good faith applies at.
Answer: All stages of contract
●● Failure to verify known inconsistency is.
Answer: Breach